Just remember that in the next several weeks you will see:
(1) Re-installation of the Uptick Rule. (2) Ban on naked short sales. (3) Mark to Market accounting for financials adjusted to Mark to Model Accounting. (4) Clarification from the US Treasury on the public/private bank bailout plan.
(5) Change in rules prohibiting shorting of stocks backed by taxpayer funds. This would include the financials, TARP recipients, automakers and GSE's.